Terms & Conditions
All legal terms and conditions regarding the AutoGalleryCoin platform and our services are outlined here.
All legal terms and conditions regarding the AutoGalleryCoin platform and our services are outlined here.
By participating in the AutoGalleryCoin Token (AGC) ICO, you confirm that you have read, understood, and unconditionally agreed to AutoGalleryCoin's Terms and Conditions and Privacy Policy. You acknowledge the importance of conducting your own research and seeking independent financial advice before making any investments. Investing in the AGC ICO involves significant risks, including fraud, liquidity issues, and price volatility. This ICO is specifically targeted at professionals with experience in blockchain technology and cryptocurrency trading. As a participant, you acknowledge the risks related to security, the insufficiency of technical and economic outcomes, and the possibility of losing your entire investment. The AGC token does not grant any financial (income, capital, or dividends) or voting rights in AutoGalleryCoin. The token is solely a cryptocurrency asset to be used on the AutoGalleryCoin platform and provides no other rights. AutoGalleryCoin's only obligation is to distribute AGC tokens under the terms specified in official publications. There is no guarantee that the AGC tokens or the announced project will be fully realized. By accepting these terms, you waive any right to claim, litigate, or seek a resolution against AutoGalleryCoin if the AGC tokens or the project are not delivered as described. If you are not prepared to lose all the money you spend on purchasing AGC tokens, we strongly advise against participating in this ICO. We recommend consulting legal, financial, tax, and other professional advisors before participating. AGC tokens are not stocks or securities and do not grant any ownership or interest in AutoGalleryCoin. They are a tool for accessing services on an evolving platform, and there is no guarantee that the services will be completed. Participation decisions should be made based on the advice of qualified financial professionals.
Before participating in the AutoGalleryCoin (AGC) ICO or using any information on AutoGalleryCoin's website, you must fully understand this section. This section contains legal considerations, risks, and a disclaimer related to the AGC ICO and is an important part of the Terms and Conditions. Please note that this document and all information on AutoGalleryCoin's website may be regularly updated. Ensure you review the latest version before participating in the ICO. The information here is not professional advice and may be incomplete. Potential participants must seek independent advice before making any decisions based on information related to the AGC ICO. Given the dynamic nature of distributed ledger technologies and the various legal frameworks involved in activities related to digital currencies, AutoGalleryCoin approaches the AGC ICO with necessary care. However, we cannot guarantee that the AGC ICO or future developments of the Betarena platform will be legal in all jurisdictions. Participants are strongly advised to seek independent legal advice regarding the acquisition of AGC tokens and participation in the ICO. AGC tokens are designed to be used as a digital currency on the Betarena platform and are not securities. Purchases are final, non-refundable, and non-exchangeable. We do not recommend purchasing AGC tokens for speculative investment purposes. In case of any discrepancy in language, the English version of this document shall prevail.
The information provided by AutoGalleryCoin regarding the AutoGalleryCoin (AGC) ICO is for informational purposes only. Potential participants should carefully assess the risks before deciding to participate in the ICO. This information is not a recommendation or advice given by AutoGalleryCoin or its affiliates. It is important to note that all risk factors related to AGC tokens, the ICO, or future token functions may not be identified in this information. Participants should conduct their own research and seek independent professional advice to assess the benefits and risks of participating in the ICO. Investing in AGC tokens carries significant risk and may result in the loss of a substantial portion or all of the funds. We strongly recommend that you understand and accept these risks. If you do not accept these terms or the associated risks, you should not participate in the AGC ICO. There is no guarantee that AutoGalleryCoin's suggestions or objectives will be fully realized. Participation in the ICO should be evaluated based on your personal and financial situation and resources.
By participating in the ICO, participants agree to comply with the following restrictions. Any jurisdiction that prohibits token sales or imposes regulatory compliance requirements is considered a Restricted Jurisdiction, and individuals or organizations from these regions may not participate. AGC tokens are not designed as securities or shares in any jurisdiction. This ICO is not considered a prospectus or offering document, and the provided information should not be regarded as legal, financial, or tax advice. Participants should consult with professional advisors and assume the financial risks associated with token purchases.
AutoGalleryCoin and its employees, directors, officers, and affiliates are not responsible for any loss or damage arising from the AGC ICO. This includes, but is not limited to, the following: failure to deliver or materialize any part of the project or token features; unavailability of services, products, or tokens; any security risks or breaches, including theft or loss of data; errors in the ICO process or inaccuracies in the information provided; volatility in token prices; failure to secure private keys for token wallets. The information and tokens are provided as is, with no guarantees. By participating, you waive any claim rights against AutoGalleryCoin and its affiliates and agree to indemnify them for any losses or legal actions arising from these claims.
Notwithstanding any provision of these Terms or any statement made in the provided information, AutoGalleryCoin expressly disclaims any representation, warranty, commitment, or obligation regarding the accuracy, completeness, or correctness of the information provided in relation to the AGC ICO. This disclaimer applies to all information presented regarding the ICO.
By accessing or accepting any part of the Current Information in any way, and/or communicating, you represent and warrant the following (and it will be presumed that you accept these) and acknowledge that these representations and warranties are valid from the date of access or the last date you held any part of the Current Information:
Any statement in the Current Information that is made publicly in a press release or elsewhere by the Company or its affiliates (as applicable) that does not reflect a historical fact is considered a "forward-looking statement." These statements can be identified by words such as "goal," "target," "expected," "believe," "may," "anticipate," "expect," "if," "intend," "could," "plan," "possible," "likely," "projection," "should," "will," "do," among others. However, these terms are not the only way to identify forward-looking statements. All statements about the Company’s financial condition, business strategies, plans, and future industry expectations are forward-looking statements. These forward-looking statements, including but not limited to, expectations about the Company's revenue, profitability, and growth, future industry trends, and other assessments made in the Current Information regarding the Company, are not historical facts, but merely predictions and projections. The Company makes no representation or warranty that any prediction, estimate, or expectation is based on any formula, mathematical or scientific modeling, or forecast, nor does it commit to any proper and appropriate research or independent review. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by these forward-looking statements. These factors include:
Before deciding to participate in the Token Sale, you should carefully review each of the risk factors listed below and all other information contained in these Terms. According to the Company's knowledge and belief, all the risk factors that are important for your informed decision-making process to participate in the Token Sale are listed below. Any of the factors, uncertainties, or significant risks that need to be considered could materially and negatively affect the Company’s operations, financial condition, and/or operational outcomes, as well as the maintenance and usage levels of the Tokens if any of these risks turn into actual events. In such cases, the trading price of the Tokens may decrease due to any of these considered factors, uncertainties, or significant risks, and you may lose some or all of your Tokens or their economic value.
The Token Sale may not create an active or liquid market for the Tokens. The Company makes no guarantee that approval for the Tokens to be traded on any cryptocurrency exchange will be obtained. Furthermore, even if such approval is granted by a cryptocurrency exchange, there is no guarantee that an active or liquid trading market for the Tokens will develop, or if it does, that it will be sustainable once trading begins. Additionally, there is no assurance that the market price of the Tokens will not fall below the original or issuance price/Token Private Sale Price (hereinafter referred to as the "Purchase Price"). After the Tokens are made available for trade on a market, the market price may not reflect the Purchase Price. The Token is not a currency issued by any central bank or national, international, or semi-national organization, nor is it backed by any tangible asset or credit, nor is it a commodity in the traditional sense. The Company is not responsible for and does not undertake any efforts regarding the circulation or trading of the Tokens in any market. The trading of the Tokens will depend solely on the consensus of the market participants regarding their value. No one is obligated to buy any Token from another Token holder, including buyers, nor can anyone guarantee the liquidity or market price of the Tokens at any time. Moreover, Tokens cannot be sold to buyers who are citizens, nationals, residents (tax or otherwise), or green card holders of Restricted Jurisdictions, or to Restricted Persons, or to buyers in any jurisdiction where the purchase of Tokens would violate applicable laws. Therefore, the Company cannot guarantee any demand or market for the Tokens or provide any assurance that the Purchase Price will reflect the market price once the Tokens begin to trade on any cryptocurrency exchange or market.
The Token Sale may not create an active or liquid market for the Tokens.
The Company makes no guarantee that approval for the Tokens to be traded on any cryptocurrency
exchange
will be obtained. Furthermore, even if such approval is granted by a cryptocurrency exchange,
there is no
guarantee that an active or liquid trading market for the Tokens will develop, or if it does,
that it will
be sustainable once trading begins. Additionally, there is no assurance that the market price of
the Tokens
will not fall below the original or issuance price/Token Private Sale Price (hereinafter
referred to as the
"Purchase Price"). After the Tokens are made available for trade on a market, the market price
may not
reflect the Purchase Price. The Token is not a currency issued by any central bank or national,
international,
or semi-national organization, nor is it backed by any tangible asset or credit, nor is it a
commodity in
the traditional sense. The Company is not responsible for and does not undertake any efforts
regarding the
circulation or trading of the Tokens in any market. The trading of the Tokens will depend solely
on the
consensus of the market participants regarding their value. No one is obligated to buy any Token
from another
Token holder, including buyers, nor can anyone guarantee the liquidity or market price of the
Tokens at any
time. Moreover, Tokens cannot be sold to buyers who are citizens, nationals, residents (tax or
otherwise),
or green card holders of Restricted Jurisdictions, or to Restricted Persons, or to buyers in any
jurisdiction
where the purchase of Tokens would violate applicable laws. Therefore, the Company cannot
guarantee any demand
or market for the Tokens or provide any assurance that the Purchase Price will reflect the
market price once
the Tokens begin to trade on any cryptocurrency exchange or market.
Future Sales or Issuance of Tokens May Significantly and Negatively Impact the Market
Price of the Tokens.
Any future sale of Tokens will increase the supply of Tokens in the market, which may put
downward pressure
on the Token's price. Apart from the Token Sale, significant sales or distribution of Tokens
(including, but not
limited to, Token transfers to buyers for community initiatives, business development, academic
research, education,
and market expansion purposes) or the distribution of Tokens as rewards to Betarena’s users (or
otherwise), or the
perception that such additional sales may occur, may negatively affect the market price of the
Tokens.
Negative Promotions May Significantly and Negatively Impact the Price of the
Tokens.
Negative promotions regarding the Company, the Tokens, or any key personnel of the Company, or
regarding distributed
ledger technologies, cryptocurrencies, and/or token sales in any jurisdiction, could
significantly and negatively
impact the market perception or market price of the Tokens, whether or not justified.
No Guarantee That the Company’s Token Sale or Ongoing Platform Development Will Be
Successful.
The value and demand for the Tokens are heavily dependent on the performance of the Company’s
Token Sale and ongoing
development of Betarena, the continued active participation of its users, and the success of the
anticipated business
areas. The Company makes no assurance that the Token Sale will be successful or that Betarena
will continue to gain
interest. Although the Company has made every effort to present a realistic estimate, there is
no guarantee that the
funds raised from the Token Sale will be sufficient to develop Betarena. For the reasons stated
above or for any other
reason, the development of Betarena and the initiation of the anticipated Token functionality
may not be completed,
and there is no assurance that it will ever be initiated. Therefore, the distributed Tokens may
have little or no
value, which could affect their trading price and/or usage.
The Trading Price of the Tokens May Fluctuate After the Token Sale.
The prices of crypto tokens are generally volatile and can fluctuate significantly within short
periods. Demand for
Tokens and, consequently, their market prices may fluctuate significantly and rapidly based on
many factors, some of
which are beyond the Company's control:
AutoGalleryCoin is currently in an ongoing development process.
Any event or situation that could negatively impact the company or its affiliates may also
negatively impact the ongoing development of AutoGalleryCoin. This may include, but is not
limited to, any negative effects related to the development and structuring of AutoGalleryCoin.
Such negative effects will directly impact the benefit, liquidity, and trading price of the
Tokens.
If the company or its affiliates are unable to manage their operations effectively, they may
face significant negative impacts in the development and evolution of their business, which will
directly affect the development, maintenance, or operation of AutoGalleryCoin and/or the
development, structuring, and/or licensing of any Token functionality.
The financial technology and cryptocurrency industries in which the company operates have
rapidly grown in recent years and continue to evolve in response to new technological
developments, changing business models, changing regulations, and other factors. Due to this
constantly changing environment, the company may face operational challenges in adapting to
changing conditions, and the sustainability of AutoGalleryCoin will depend on the company’s or
its affiliates’ ability to manage operations, hire qualified and competent employees, and
provide proper training to staff. As AutoGalleryCoin develops, the company and/or its affiliates
will also need to expand their operational infrastructure and adapt. AutoGalleryCoin will rely
on partially blockchain-based software systems, cryptocurrency wallets or other related token
storage mechanisms, blockchain technology, and smart contract technology. All these systems,
tools, and skill sets represent complex, costly, and rapidly changing technical infrastructure.
To effectively manage the sustainability of AutoGalleryCoin and the future development of Token
functionality, the company and/or its affiliates will need to continuously update and improve
their data systems and other operational systems, procedures, and controls. These updates and
improvements will require resource allocation and may be complex, and increasingly rely on
third-party hosted computer services outside the company’s or its affiliates’ control. If the
company and/or its affiliates fail to adapt their systems and organization in a timely,
efficient, and cost-effective manner to changing conditions, the business, financial situation,
and/or operations may be negatively impacted. The company and/or its affiliates may also be
vulnerable to external factors, such as security breaches or other disruptions that affect the
services they use, which could jeopardize the security and availability of internal information.
This could result in the loss of confidential or proprietary information and/or economic losses.
This would have a direct negative impact on the company's and/or its affiliates’ ability to
develop, maintain, or operate AutoGalleryCoin, and/or develop, structure, and/or license the
expected Token functionality.
The company and/or its affiliates may experience negative impacts on AutoGalleryCoin due to
system failures, network outages, hardware or software malfunctions, security breaches, or other
causes.
The company and/or its affiliates may be unable to anticipate attacks, cyber-attacks,
distributed denial-of-service errors, vulnerabilities, or software defects that may occur on
Ethereum or another blockchain platform. Such events may involve software or source code errors
that could result in misuse or exploitation. The company and/or its affiliates may not detect
these attacks, errors, or vulnerabilities in time and may not have sufficient resources to
handle multiple service incidents simultaneously.
AutoGalleryCoin’s network services may be disrupted by events such as natural disasters,
equipment failures, network connectivity outages, power losses, or attacks by malicious software
viruses or unauthorized users. In addition, third-party providers may experience security
breaches, which could lead to unauthorized access. This could negatively affect the
availability, stability, and security of AutoGalleryCoin.
The company and/or its affiliates may become partially dependent on third-party data center
facilities or servers in the future.
The company and/or its affiliates may host their servers at their own or third-party data center
facilities. These facilities may be affected by damages or interruptions due to natural
disasters, terrorist attacks, power losses, or telecommunications failures. Additionally,
third-party providers may experience security breaches, leading to unauthorized access. The
company and/or its affiliates may not take sufficient measures regarding such security issues or
may not foresee them.
General global market and economic conditions may negatively impact the operational performance,
results, and/or cash flows of the company and/or its affiliates.
The company and/or its affiliates may continue to be affected by global economic and market
conditions. Challenging economic conditions have occasionally led to slowdowns in the
information technology industry, and this could negatively impact the development of
AutoGalleryCoin. Economic recessions may lead to a reduction in revenue and operational cash
flows, affecting the ability to raise new capital. Furthermore, economic downturns could affect
the trading and use of AutoGalleryCoin and may delay or cancel plans to develop, structure,
and/or launch Token functionality.
The company and/or its affiliates may be affected by new regulations in the cryptocurrency and
blockchain space.
Distributed ledger technologies, cryptocurrencies, and related activities are generally
unregulated worldwide. However, many regulatory authorities are considering implementing
regulations related to these technologies. The company and/or its affiliates may be required to
comply with new regulations, which could negatively impact AutoGalleryCoin and/or the expected
Token functionality.
The development and/or licensing of Token functionality for AutoGalleryCoin may be modified to
comply with these regulations. This could reduce the attractiveness and functionality of
AutoGalleryCoin for users and decrease demand for Tokens. Additionally, complying with certain
regulations may not be commercially sustainable, and the company may decide to discontinue
AutoGalleryCoin or Token functionality.
The distribution or dissemination of all or part of the Current Information in any way may be
prohibited or restricted by the laws, regulatory requirements, and rules of certain
jurisdictions. When such a restriction is applied, it is your responsibility to obtain
information about these restrictions and comply with the applicable restrictions related to
possessing and/or disseminating all or part of the Current Information at your own expense, and
AutoGalleryCoin (AGC) and/or its affiliated companies shall not be held liable.
The entire or part of the Current Information, once distributed or made accessible, or held by
individuals in any way, is prohibited from being spread, reproduced, or distributed for any
purpose, and it is also prohibited to prevent or cause such actions.
This Agreement does not constitute any type of prospectus or offering document, nor is it
intended to create an offer of securities or an invitation to invest in any jurisdiction. No
person is under any obligation to enter into any contract or binding legal commitment, and no
cryptocurrency or other form of payment should be accepted based on any part of the Current
Information. Any agreement regarding the sale and purchase of Tokens shall be governed by the
terms and conditions of that agreement and is not bound by any other document. In the event of
any inconsistency between the terms of such agreement and the Current Information, the terms of
that agreement shall prevail.
If you are a citizen, resident (for tax or other reasons), or green card holder in a Restricted
Area (as specified in the Regional Restriction section), or if you are a Restricted Person, you
are not eligible to purchase any Token from the Token Sale. No regulatory authority has reviewed
or approved any part of the Current Information. No such transaction has been or will be
conducted under the laws, regulatory requirements, or rules of any jurisdiction. The
publication, distribution, or dissemination of the Current Information does not imply compliance
with applicable laws, regulatory requirements, or rules.